272 Queen St. E., Brampton, Ontario L6V 1B9

Phone: 905-454-1100  Toll: 1-877-306-4776

102 King Edward Ave

London, Ontario
$999,999
For Sale
MLS© ID: X4265509
12 Bath(s)

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Exceptionally Well Maintained 12-Unit Apartment Building. Offering Stable Monthly Cash Flow With Minimal Owner Involvement. 6 One-Bedrooms, 5 Two-Bedrooms, One Bachelor. All Occupied With Selected Tenants. All Tenants Pay Rent Electronically. Gross Income Is $100, 693. All 12 Units Paying Their Own Hydro And Heat. Recently Changed Windows, Upgraded Electrical Panels, Units Upgrades, Coin Laundry, Video Surveillance. Room To Increase Income With Tenant Turnover

Extras: 12 Stoves, 12 Fridges, Coin Operated Washer And Dryer, Remotely Connectable Video Surveillance System

Property Features

  • Directions/Cross Streets: Thompson Rd&Hamilton Rd
  • Lot Size Code: Feet
  • Taxes: 13169.18
  • Approx Age: 31-50
  • Tax Year: 2017
  • Property #: X4265509
  • Sale/Lease: Sale
  • Country: Canada
  • Province: Ontario
  • Municipality: London
  • Business Type: Apts-6 To 12 Units
  • Area Influences1: Major Highway
  • Area Influences2: Public Transit
  • Garage Type: Outside/Surface
  • Legal Description: Pt Lt 20 Bf Con B Westminster Designated As Pts 13
  • Lot Depth: 212.00
  • Lot Front: 71.84
  • Type: Investment
  • Category: Apartment
  • Freestanding: Y
  • Lot/Bldg/Unit Code: Lot
  • Office/Apt Area: 100
  • Office/Apt Area Code: %
  • Sprinklers: N
  • Total Area Code: Sq Ft
  • Type Taxes: Annual
  • Utilities: Y
  • Air Conditioning: N
  • Heat Type: Baseboard
  • Water: Municipal
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